IFSC Code, MICR Codes for UNION BANK OF INDIA in KARNATAKA - BANGALORE URBAN - BANGALORE - BASAVESHWARNAGAR

UNION BANK OF INDIA RTGS HO Branch in BANGALORE - Address, IFSC, MICR Code


IFSC Code

UBIN0556483

MICR Code

560026030

Branch

BASAVESHWARNAGAR

Contact

22958272

Address

484TH BLOCK 4TH STAGE BASAVESHWAR NAGAR MAIN ROAD BANGALORE KARNATAKA-560079

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





What is IFSC Code of UNION BANK OF INDIA situated at BASAVESHWARNAGAR- RTGS-HO?
IFSC Code of UNION BANK OF INDIA situated at BASAVESHWARNAGAR - RTGS-HO is

UBIN0556483

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.